Anti-Money Laundering & BSA 2-Day School
Recent Congressional focus and well-publicized BSA enforcement actions and fines continue to support a climate proving BSA compliance remains of paramount importance to all financial institutions. Treasury continues to rely on financial institutions to serve as the “front-line gatekeepers” for law enforcement efforts to safeguard the U.S. financial system from the abuses of financial crimes, including money laundering and terrorist financing. The federal regulatory agencies continue to rely on financial institutions to take “every reasonable step” to identify, minimize, and manage any risks that illicit financial activity may pose to the individual institution and the industry. Ongoing initiatives by the Financial Crimes Enforcement Network (FinCEN), and continued expansions of the federal examination procedures, reinforce the need to have a strong BSA program at your institution.
This seminar assists financial institutions in meeting the annual training requirements imposed by the BSA regulations and provides attendees with the opportunity to network with other professionals interested in BSA compliance.
A two-day program designed to encompass the broad range of topics included in the realm of the Bank Secrecy Act and Anti-Money Laundering.
Seminar and Speaker Information
This two-day school covers in detail the issues and opportunities in the ever-expanding environment of the Bank Secrecy Act and reviews the entire realm of BSA from “A” to “Z”.
Topics covered in the program include:
- Anti-Money Laundering Act (AMLA) and Corporate Transparency Act (CTA) Implementation
- Customer Due Diligence – The Program, Process, and possible modifications (expected to be released)
- Suspicious Activity Reporting (SAR) - FinCEN Form 111 and Reporting Suspicious Activity – latest FinCEN Guidance
- Establishing a Risk-Based Program of Identifying and Classifying your Customers
- Current Examination Procedures and regulator feedback
- How OFAC Fits into the Process – Sanctions Compliance Program (SCP) and recent enforcement actions
- Overview of Regulatory and Statutory Components of BSA
- Currency Transaction Reporting (CTR), and Exemptions from CTR Reporting
- Establishing the Appropriate Culture of Compliance
- Information Sharing (314 (a) & (b)) and other Title III programs
Mark W. Dever, AAP, CAMS, is a Director and ProBank Advisor at FORVIS, LLP, in the ProBank Education Services powered by FORVIS, LLP division. Prior to joining the firm in 1996, Mr. Dever was vice president and manager of cash management operations for a multibillion-dollar regional bank holding company with several affiliates. He has extensive experience in many areas, including the automated clearing house (ACH), domestic wire transfer, affiliate bank post-acquisition conversions and consolidations, bank operation centralizations, and payment system risk.
He teaches a variety of seminars including the ACH Processing and Compliance, and the Anti-Money Laundering and Bank Secrecy Act seminars. He has lectured at regional and national seminars, and at graduate schools of banking hosted by various bank associations and national industry groups. He has served on the faculty of both the OTS’ Compliance I School, and the FDIC’s Advanced Consumer Protection School. He has also taught undergraduate business and management classes in a community college setting.
Mr. Dever is an Accredited Automated Clearing House Professional (AAP) and a Certified Anti-Money Laundering Specialist (CAMS).
Click here to register for the 2023 AML/BSA 2-Day School!
|Through March 6, 2023||$555||$1,075|
|March 7, 2023 – March 28, 2023||$575||$1,095|
Homewood Suites by Hilton
4100 Innslake Dr
Glen Allen, VA 23060
The VBA has negotiated a room rate of $98 +tax. To make a reservation, click here. Rooms must be reserved by March 15, 2023.